JP Morgan names Saudi Arabia co-chiefs

By

Sarah Krouse

July 25, 2012 Updated: 8:36 p.m. GMT

JP Morgan has tapped Rayan Fayez as head of its investment banking unit in Saudi Arabia and co-chief executive of JP Morgan Saudi Arabia. Fayez was most recently chief executive and head of investment banking in Saudi Arabia for Goldman Sachs. He started his banking career with JP Morgan's natural resources group in New York in 2002. He will serve as co-chief executive with Bader Alamoudi, the head of sales and marketing for JP Morgan in the nation. Alamoudi joined the bank in...